QUESTION 1 Below are data on production, costs, and sales revenue of a poultry producing...

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QUESTION 1 Below are data on production, costs, and sales revenue of a poultry producing company in Lae. Year Production Cost Revenue 300000 245100 500123 400000 290100 590123 600567 350000 760010 321115 325200 600675 351100 774900 450980 568000 310450 600300 250000 230355 489640 231980 210678 450003 355200 285000 570234 456890 292300 595210 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 572998 582986 610389 656300 765910 800500 Undertake the following: 1. Forecast the production, costs and revenue for the company up to the year 2025. Interpret your results. 2. Backcast the production, costs and revenue for the company using trend analysis. Interpret your results

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